refundable credit
简明释义
可退现退税额
英英释义
A refundable credit is a type of tax credit that allows taxpayers to receive a refund if the credit amount exceeds their total tax liability. | 可退还税收抵免是一种税收抵免,允许纳税人在抵免金额超过其总税务负债时获得退款。 |
例句
1.The Earned Income Tax refundable credit helps low-income workers by providing them with a financial boost.
所得税可退还税收抵免通过为低收入工人提供经济支持来帮助他们。
2.You should check if you're eligible for any refundable credits before filing your taxes.
在提交税务申报之前,你应该检查你是否有资格获得任何可退还税收抵免。
3.Many families benefit from the Child Tax refundable credit during tax season.
许多家庭在报税季节受益于儿童税可退还税收抵免。
4.If you qualify for a refundable credit, it means you can receive money back even if you owe no taxes.
如果你符合条件获得可退还税收抵免,这意味着即使你没有欠税,你也可以拿回钱。
5.The refundable credit for education expenses can significantly reduce your tax liability.
教育支出的可退还税收抵免可以显著减少你的税务负担。
作文
In the realm of personal finance and taxation, understanding various tax credits can significantly impact one’s financial situation. One such important concept is the refundable credit, which plays a crucial role in reducing the overall tax burden for individuals and families. A refundable credit is a type of tax credit that not only reduces the amount of tax owed but can also result in a refund if the credit exceeds the tax liability. This means that even if a taxpayer does not owe any taxes, they may still receive a payment from the government based on the amount of the refundable credit they qualify for.For example, consider a low-income family that qualifies for the Earned Income Tax Credit (EITC), which is a well-known refundable credit. If this family’s tax liability is $1,000 but they qualify for a refundable credit of $2,000, they will not only eliminate their tax bill but also receive a refund of $1,000. This can provide much-needed financial relief and support for essential expenses such as housing, education, and healthcare.The significance of refundable credits extends beyond mere financial assistance; they are designed to incentivize certain behaviors or support specific groups within society. For instance, the Child Tax Credit is another example of a refundable credit that aims to alleviate the financial burden on families raising children. By offering these credits, the government encourages parents to invest in their children's future while simultaneously providing immediate financial support.Moreover, refundable credits can stimulate economic growth. When individuals receive refunds from these credits, they often spend that money on goods and services, which in turn supports local businesses and contributes to the overall economy. This multiplier effect highlights how refundable credits can have far-reaching implications, benefiting not only the recipients but also the community at large.However, it is essential for taxpayers to understand the eligibility requirements and application processes for these credits. Many individuals miss out on valuable refundable credits simply because they are unaware of them or do not know how to claim them. Therefore, education and outreach efforts by tax professionals and organizations are vital in ensuring that eligible taxpayers receive the benefits they deserve.In conclusion, the concept of refundable credits is integral to understanding modern taxation and its impact on individual financial health. By providing potential refunds that exceed tax liabilities, refundable credits serve as a powerful tool for financial relief, economic stimulation, and social support. As we navigate the complexities of tax season, it is crucial to recognize and leverage these credits to maximize our financial well-being and contribute positively to the economy. The importance of being informed about refundable credits cannot be overstated, as they represent not only a financial opportunity but also a pathway toward greater economic stability for many families across the nation.
在个人财务和税务领域,理解各种税收抵免可以显著影响个人的财务状况。其中一个重要概念是可退还税收抵免,它在减少个人和家庭的整体税负方面发挥着关键作用。可退还税收抵免是一种税收抵免,不仅能减少应缴税款,还可以在抵免超过税负时导致退款。这意味着即使纳税人不欠任何税款,他们仍可能根据自己符合条件的可退还税收抵免金额从政府那里获得付款。例如,考虑一个符合条件的低收入家庭,该家庭有资格获得已赚取收入税收抵免(EITC),这是一个众所周知的可退还税收抵免。如果这个家庭的税负为1000美元,但他们有资格获得2000美元的可退还税收抵免,他们不仅会消除自己的税单,还将获得1000美元的退款。这可以为住房、教育和医疗等基本开支提供急需的财政救助和支持。可退还税收抵免的重要性不仅仅在于财务援助;它们旨在激励某些行为或支持社会中的特定群体。例如,儿童税收抵免是另一个旨在减轻养育孩子的家庭财务负担的可退还税收抵免。通过提供这些抵免,政府鼓励父母投资于孩子的未来,同时提供即时的财政支持。此外,可退还税收抵免还可以刺激经济增长。当个人从这些抵免中获得退款时,他们往往会将这笔钱用于商品和服务,这反过来又支持当地企业并促进整体经济。这种乘数效应突显了可退还税收抵免的深远影响,不仅惠及受益者,也惠及整个社区。然而,纳税人了解这些抵免的资格要求和申请流程至关重要。许多人由于不了解这些抵免或不知道如何申请而错失了宝贵的可退还税收抵免。因此,税务专业人士和组织的教育和宣传工作对于确保符合条件的纳税人获得他们应得的利益至关重要。总之,可退还税收抵免的概念对理解现代税收及其对个人财务健康的影响至关重要。通过提供超过税负的潜在退款,可退还税收抵免作为财务救济、经济刺激和社会支持的强大工具。随着我们在复杂的报税季节中前行,认识和利用这些抵免以最大化我们的财务福祉并积极贡献于经济至关重要。了解可退还税收抵免的重要性不容忽视,因为它们不仅代表着财务机会,也是许多家庭实现更大经济稳定的途径。
相关单词